What Is Business Intelligence?
The concept of Business Intelligence includes the tools and workflows, protocols that gather information from data places and convert it into actionable intelligence that enables leaders to make more wise business decisions.
At Wave, our proficiency encompasses a total understanding of your business standards as well as the technology that accurately delivers intelligent information. We know what questions to ask and can determine the right data to bring clarity to questions.
Understanding information discovery and being able to extract the answers can expedite the decision-making task, optimize company operations, and increase process expediency. With this clarity, organizations can identify new revenue sources.
Is Microsoft Excel A Business Intelligence Solution?
Excel spreadsheets have been the go-to for breaking down and reporting on Business Intelligence. Microsoft’s Power BI enhances Excel by giving a centralized enterprise system is able to handle larger data origins and allows for more ways to visualize that derive answers quicker.
Now, numerous files can be combined into a solitary data set which prevents the need for duplication and an unnecessary amount of maintenance.
These modern solutions were designed with the user experience in mind as well as giving Business Intelligence and analytics features. Power BI is just one of many current tools that may be a rational next step for organizations in the Miami area already using Microsoft programs.
Do I Need A Business Intelligence Solution?
Possibly not. Offerings range in size from a single user to a robust enterprise solution. Here are some steps to take to answer that question.
As the Gartner picture shows, a Business Intelligence application can incorporate data warehouses, ETL protocols, and tools that help to combine, synthesize, and supply data that empowers strategic organization directions.
